Consider again Bobs Blu-ray company described in Problem 3. a. Draw Bobs marginal cost curve. b. Over
Question:
Consider again Bob’s Blu-ray company described in Problem 3.
a. Draw Bob’s marginal cost curve.
b. Over what range of prices will Bob produce no Blu-rays in the short run?
c. Draw Bob’s individual supply curve. In your graph, plot the price range from
$0 to $60 in increments of $10.
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